What is the absorption rate for this city? Thanks!
I had a client ask me about how long I thought it might take to sell her place. She said it was built a few years ago and she is looking to relocate to Denver.
Answers (1)
FIRST ANSWER
Mark
Not enough info on Trulia to tell you.
Truthfully, normally the absorption rate is not a flat percentage that covers every sale.
The absorption rate can be deceiving if you do not look at the rate at various price points. So compare like properties in price point to your client's. Chances are the rate for a specific price range will vary from the overall market average.
Didn’t find what you were looking for? Ask a question!
Ask a question
Got a real estate question? Get answers from locals, experts and real estate pros.
Email me when…
View all »
1 - 3 of 9
|
|
|
|
|||||||||||
|
|
|
|
|
|
Copyright © 2009
Trulia, Inc. All rights reserved. |
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
Help us improve our service—send us feedback